,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #gbjj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #ae1 #bjbj,ms4 ,spanb]g] 7= h]self & ,mr4 ,roy7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,h\se ,adm9i/ration ,a ,,bill ,to require ,memb]s ( ,congress & _! sp\ses & dep5d5t *ildr5 to place c]ta9 assets into bl9d tru/s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,transp>5t ,repres5tation ,uphold+ ,s]vice & ,tru/ 9 ,congress ,act or ! ,,tru/ 9 ,congress ,act4 #b4 ,placem5t ( c]ta9 assets ( ,memb]s ( ,congress & _! sp\ses & dep5d5t *ildr5 9 bl9d tru/ 7a7 ,9 g5]al 7#a7 ,memb]s occupy+ (fice on date ( enactm5t ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 a ,memb] ( ,congress & any sp\se or dep5d5t *ild ( su* ,memb] %all place any cov]$ inve/m5t own$ by su* ,memb]1 sp\se1 or dep5d5t *ild into a qualifi$ bl9d tru/4 7#b7 ,memb]s assum+ (fice aft] date ( enactm5t ,n lat] ?an #ij days aft] ! date an individual becomes a ,memb] ( ,congress aft] ! date ( enactm5t ( ?is ,act1 su* individual & any sp\se or dep5d5t *ild ( su* individual %all place any cov]$ inve/m5t own$ by su* individual1 sp\se1 or dep5d5t *ild into a qualifi$ bl9d tru/4 7#c7 ,m+l+ ( assets ,a sp\se or dep5d5t *ild ( a ,memb] ( ,congress may place a cov]$ inve/m5t 9 a qualifi$ bl9d tru/ e/abli%$ by su* ,memb] "u p>agraph 7#a7 or 7#b74 7#d7 ,assets ^u sep>ation ,a ,memb] ( ,congress & any sp\se or dep5d5t *ild ( su* ,memb] may n dissolve any qualifi$ bl9d tru/ 9 :i* a cov]$ inve/m5t has be5 plac$ pursuant to p>agraph 7#a7 or 7#b71 or o!rwise control su* an inve/m5t1 until ! date t is #ahj days aft] ! date su* ,memb] ceases to be a ,memb] ( ,congress4 7b7 ,acc\ntability 7#a7 ,memb]s ( ! ,h\se ,a ,memb] ( ,congress :o is a ,memb] ( ! ,h\se ( ,repres5tatives %all-- 7,a7 n lat] ?an #ae days aft] ! date a qualifi$ bl9d tru/ is e/abli%$ "u subsection 7a71 c]tify to ! ,cl]k ( ! ,h\se ( ,repres5tatives t su* tru/ has be5 e/abli%$ & t any cov]$ inve/m5t own$ by su* ,memb] or a sp\se or dep5d5t *ild ( su* ,memb] has be5 plac$ 9 su* tru/2 or 7,b7 c]tify to ! ,cl]k t su* ,memb] or a sp\se or dep5d5t *ild ( su* ,memb] does n own any cov]$ inve/m5t4 7#b7 ,memb]s ( ! ,s5ate ,a ,memb] ( ,congress :o is a ,s5ator %all-- 7,a7 n lat] ?an #ae days aft] ! date a qualifi$ bl9d tru/ is e/abli%$ "u subsection 7a71 c]tify to ! ,secret>y ( ! ,s5ate t su* tru/ has be5 e/abli%$ & t any cov]$ inve/m5t own$ by su* ,memb] or a sp\se or dep5d5t *ild ( su* ,memb] has be5 plac$ 9 su* tru/2 or 7,b7 c]tify to ! ,secret>y t su* ,memb] or a sp\se or dep5d5t *ild ( su* ,memb] does n own any cov]$ inve/m5t4 7#c7 ,report ,! ,cl]k ( ! ,h\se ( ,repres5tatives & ! ,secret>y ( ! ,s5ate %all make available on ! public int]net website ( ! ,cl]k & ! ,secret>y1 respectively1 any c]tification made "u p>agraph 7#a7 or 7#b74 7c7 ,exception ,a sp\se or dep5d5t *ild :o receives comp5sation f _! prim>y occupation ?r\gh any cov]$ inve/m5t %all n be requir$ to place su* cov]$ inve/m5t 9 a qualifi$ bl9d tru/ "u ?is ,act4 7d7 ,def9itions ,9 ?is ,act3 7#a7 ,commodity ,! t]m commodity has ! mean+ giv5 ! t]m 9 section #a;a ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a74 7#b7 ,cov]$ inve/m5t ,! t]m cov]$ inve/m5t-- 7,a7 means inve/m5t 9 a security1 a commodity1 or a future1 or any comp>able economic int]e/ acquir$ ?r\gh syn!tic means su* z ! use ( a d]ivative2 & 7,b7 does n include-- 7i7 a widely held inve/m5t fund describ$ 9 section #ajb7;f77#h7 ( ! ,e?ics 9 ,gov]nm5t ,act ( #aigh2 or 7ii7 a ,unit$ ,/ates ,treasury bill1 note1 or bond4 7#c7 ,dep5d5t *ild ,! t]m dep5d5t *ild has ! mean+ giv5 t t]m 9 section #aji7b7 ( ! ,e?ics 9 ,gov]nm5t ,act ( #aigh4 7#d7 ,memb] ( ,congress ,! t]m ,memb] ( ,congress has ! mean+ giv5 t t]m 9 section #aji7ab7 ( su* ,act4 7#e7 ,qualifi$ bl9d tru/ ,! t]m qualifi$ bl9d tru/ has ! mean+ giv5 t t]m 9 section #ajb7;f77#c7 ( su* ,act4